Internal auditors are traditionally defined as in-house accountants who conduct regular and continuous examination of financial records and internal controls. Business risk refers to the probability ...

One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...

A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

Organizations will need to test more frequently for an increasing number of risks to internal controls, according to a recent poll by Deloitte. In the year ahead, 55.9% of the more than 350 C-suite ...

CFOs are likely to use internal audit to address key risks in their areas of responsibility, potentially excluding other ...

CAL FED’S INTERNAL AUDITORS MONITOR THE COMPANY’S risk profile and play a key role in identifying areas for risk management. Understanding the business operations can make the auditors a catalyst for ...

Protiviti has released a white paper titled "Next Generation Internal Audit: AI and Human Collaboration Leading the Transformation of Internal Audit," which combines the perspectives of the ...

New, large-scale regulatory obligations such as the Securities and Exchange Commission’s pending climate disclosure rule will open organizations up to a number of new risks, including regulatory ...

Many of the top risks organizations face today are related to technology. As a result, internal auditors are paying close attention to areas such as cybersecurity, data privacy, and social media.

Forbes contributors publish independent expert analyses and insights. Robert Eccles writes about sustainability in the capital markets. This article is more than 3 years old. The internal audit (IA) ...

Can you assess risk management without considering related internal controls? I don’t think so. The relationship between risk (what might happen to affect the achievement of objectives) and internal ...